Bears drive Euro lower following weak Eurozone data
EURJPY is trading down almost half a percent around 162.50 on Monday as it closes in on the ceiling of its multi-week trading range from the early August lows. Bears are driving the Euro lower following the release of lackluster macroeconomic data for the region. The
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index
MoreCyprus
See All »
By Nick Kochan Cyprus was once a congenial bolthole for Russians who sought security for their business, with minimal controls or taxes. The coastal resort of Limassol was dubbed ‘Little Russia’ and
Read MoreBy Marios Konstantinou For decades, buyers without title deeds have beset the Cyprus property market. Thus, the House of Representatives intervened with
The International Chamber of Shipping (ICS), the trade body representing the world’s national shipowner associations, launched its e-learning Academy, which shipowners say
By Nick Kochan Thomson Reuters Regulatory Intelligence Analysis Cyprus’s financial services compliance and enforcement organisations have been undergoing root-and-branch reforms, but the island’s
Business
See All »
Bank of Cyprus Holdings PLC, the Ireland-registered parent of Bank of Cyprus Group, delisted from London and returned to the Athens Stock Exchange after a seven-year absence, trading on Monday at €4.78. By early afternoon, the stock had gained ground
Read MoreJuly’s tech selloff sent shockwaves through the market as investors shifted away from mega-cap stocks and high-growth sectors in favour of smaller-cap
Hellenic Bank announced that it has priced an issue of €100 mln Senior Preferred Notes under the bank’s €1.5 bln Euro Medium
Nvidia shares fell almost 10% on Tuesday, erasing nearly $300 bln in value — the biggest single-day loss ever for a US
Popular
West Texas Intermediate (WTI) crude oil prices kicked off the new week on a weaker note, moving away from a five-month peak and levels beyond the $75.00 psychological mark seen on Friday.
More
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index remains in a consolidation phase at around 102.50 in European
MoreBy Nick Kochan Cyprus was once a congenial bolthole for Russians who sought security for their business, with minimal controls or taxes. The coastal resort of Limassol was dubbed ‘Little Russia’ and
MoreComment
See All »
By Nick Kochan Cyprus was once a congenial bolthole for Russians who sought security for their business, with minimal controls or taxes.
By Marios Konstantinou For decades, buyers without title deeds have beset the Cyprus property market. Thus, the House of Representatives intervened with
By Nick Kochan Thomson Reuters Regulatory Intelligence Analysis Cyprus’s financial services compliance and enforcement organisations have been undergoing root-and-branch reforms, but the island’s
Qatar is planning to build a new generation of the world’s biggest LNG ships, the largest ethane cracker in the Middle East
OPEC+ has delayed plans to ease production cuts from October to December by two months, aiming to stabilise falling crude oil prices.
Energy
See All »
West Texas Intermediate (WTI) crude oil prices kicked off the new week on a weaker note, moving away from a five-month peak and levels beyond the $75.00 psychological mark seen on Friday. The commodity, however, trims a part of modest Asian market
Read More
By Naeem Aslam Wednesday is not your typical ADP morning, which usually drives the price action. In fact, US and European stock
West Texas Intermediate (WTI) US crude oscillates in a narrow trading band, just above mid-$70.00s during the Asian session on Tuesday and
The benchmark West Texas Intermediate (WTI) continues to gain ground, trading around $71.50 in Asian markets on Monday, as crude oil prices
World
See All »
EURJPY is trading down almost half a percent around 162.50 on Monday as it closes in on the ceiling of its multi-week
More
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index
More
West Texas Intermediate (WTI) crude oil prices kicked off the new week on a weaker note, moving away from a five-month peak
More
The International Chamber of Shipping (ICS), the trade body representing the world’s national shipowner associations, launched its e-learning Academy, which shipowners say
More
Maritime
See All »
The International Chamber of Shipping (ICS), the trade body representing the world’s national shipowner associations, launched its e-learning Academy, which shipowners say will have “positive impact on crews and shipping companies worldwide.” “As the shipping industry faces increasing regulatory challenges
Read MoreThe Daleela passenger and car ferry resumed its Limassol to Piraeus sailings for the third season on Wednesday and will continue to
Workers at Kition Ocean Holdings, operator of the Larnaca marina and port concession that was terminated by the government on Monday, claiming
President Nikos Christodoulides emphasised the important contribution of shipping to the economic development of Cyprus on Tuesday, adding that his administration “will
Latest Tweets
Life & Society
See All »
Almost three-quarters of Britons, both living in the UK and expats abroad, may not retire with
Cyprus continues to suffer from high temperatures with the authorities issuing a rare, yellow summer warning
On the morning of October 7, 2023, I found myself reading the Economist when suddenly a
Primary pupils were sent home early on Friday, as soaring temperatures reached a high of 45
Cyprus recorded the hottest June in 23 years, with inland temperatures reaching an infernal 43.6 degrees
